iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sets New 12-Month High – Here’s What Happened

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYEGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $32.07 and last traded at $32.0150, with a volume of 26826 shares. The stock had previously closed at $31.92.

iShares Emerging Markets Dividend ETF Trading Up 0.8%

The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 7.78 and a beta of 0.65. The stock’s 50 day moving average is $31.14 and its 200 day moving average is $30.09.

Institutional Trading of iShares Emerging Markets Dividend ETF

Hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in shares of iShares Emerging Markets Dividend ETF by 34.8% in the second quarter. Janney Montgomery Scott LLC now owns 32,513 shares of the company’s stock valued at $932,000 after acquiring an additional 8,389 shares during the period. Bank of New York Mellon Corp increased its position in iShares Emerging Markets Dividend ETF by 42.1% during the second quarter. Bank of New York Mellon Corp now owns 221,610 shares of the company’s stock worth $6,349,000 after acquiring an additional 65,676 shares during the period. Morgan Dempsey Capital Management LLC acquired a new stake in iShares Emerging Markets Dividend ETF in the 2nd quarter worth about $53,000. Lowe Wealth Advisors LLC boosted its holdings in iShares Emerging Markets Dividend ETF by 2.2% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 22,725 shares of the company’s stock valued at $651,000 after purchasing an additional 500 shares during the period. Finally, Vista Capital Partners Inc. acquired a new position in shares of iShares Emerging Markets Dividend ETF during the 3rd quarter worth approximately $800,000.

About iShares Emerging Markets Dividend ETF

(Get Free Report)

The iShares Emerging Markets Dividend ETF (DVYE) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of high-dividend-paying emerging markets companies. DVYE was launched on Feb 23, 2012 and is managed by BlackRock.

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